GENESIS ENERGY LP — Director's Dealing 2017

Apr 11, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENESIS ENERGY LP (GEL)
CIK: 0001022321
Period of Report: 2017-04-08

Reporting Person: SIMS GRANT E (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-08	Common Units - Class A	M	11111	—	Acquired	2959761	Direct
2017-04-08	Common Units - Class A	D	11111	$32.52	Disposed	2948650	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-04-08	Phantom Units	$	M	7407	Disposed	2017-04-08	Common Units - Class A (7407.0)	Direct

Footnotes

F1: Pursuant to the terms of the 2014 phantom unit award, because the quarterly distribution on the common units for the fourth quarter of 2016 was $0.70 per unit or greater, 150% of the phantom units awarded vested.

F2: The payment of the phantom units in cash is deemed to be a disposition of the phantom units in exchange for the acquisition of the underlying Common Units - Class A and a simultaneous disposition of the underlying Common Units - Class A to the issuer.

F3: Upon vesting, the phantom units were paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the date of vesting.